Why haven’t any big bankers been prosecuted for their role in the housing crisis that led to the Great Recession? These finance executives took part in “scandals that violate the most basic ethical norms,” as the head of the IMF Christine Lagarde…
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Economy
Can Egypt face up to its sexual assault problem?
At first, the blurry video of a celebration in Cairo’s Tahrir Square, captured by an onlooker’s cellphone, is difficult to make out. Fireworks explode nearby as the shaky camera captures a crowd of men, jostling and shouting. Then, flashes of a…
Elon Musk on Tesla Electric Car: “All Our Patents Are Belong To You”
In a blog post entitled “All Our Patents Are Belong To You”, Elon Musk has once again done something revolutionary; opened Tesla’s patents for use by any other automaker. This guy is the real deal. When’s the last time a billionaire CEO quoted…
After Piketty, is the Study of Economics the Study of Rising Inequality?
By Chris Edwards, University of East Anglia The economic and political focus is increasingly on the inequality of income and wealth as they both rise in Europe and the US. At a conference on Inclusive Capitalism held near the end of May at London’s Guildhall, Christine Lagarde, the head of the International Monetary Fund (IMF), […]
Tallest German Residential High-Rise Will Also Be Solar Aktivhaus
Award-winning proposed Aktivhaus apartment tower at Skyline Plaza complex in Frankfurt (skyscrapercity.com) The European residential high-rise boom has a green twist these days. Magnus Kaminiarz & Cie unanimously won this spring’s design award for…
Top 3 White Terrorist Attacks in America this Week
By Juan Cole Our capitalist class may be becoming an absolute danger to ordinary Americans. By promoting a doctrine of absolute right to gun ownership (which rather helps gun manufacturers) and at the same time encouraging people to hate the Federal government and resent paying taxes, they are creating a whole class of alienated far […]
Student Debt: Blame Law-Makers, Tax-Shirking Rich, War on Drugs, not Universities
By Juan Cole In honor of President Obama’s support for Senator Elizabeth Warren’s bill to address the student debt crisis by offering students with older debt loads lower interest rates [see video below], I’m reprinting this golden oldie. The statistics in it have only gotten worse from a social point of view in the past […]
Despite dire predictions, Denver crime falls over 10 percent in wake of pot legalization
Despite dire predictions by anti-marijuana activists, overall crime rates in the city of Denver are down more than five months after legal marijuana sales began in the Rocky Mountain state. According to the Denver Department of Public Safety, rates…
Prelude to Ethnic Cleansing? Israel Plans 3200 more Squatter homes on Palestinian Land
Israel huge new settlement push raises Palestinian ire (via AFP) Israel unveiled plans for 3,200 settler homes Thursday in retaliation for the formation of a Palestinian unity government backed by Hamas and the international community, raising the Palestinians’ ire. Tenders for nearly 1,500 new settlement houses… ——- Related Video: Press TV: “Israel announces 1500 […]
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